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AndriyMoraru

Ascending Channel on GBP/JPY @ D1

Short
British Pound / Japanese Yen (FX:GBPJPY)  
AndriyMoraru Updated   
FX:GBPJPY   British Pound / Japanese Yen
GBPJPY Ascending Channel Parallel Channel Harmonic Patterns pound yen GBP jpy Daily Charts
3
1
gbpjpy ascendingchannel parallelchannel harmonicpatterns pound yen gbp jpy daily
The ascending channel pattern on D1 chart of GBP/JPY shows a potential for a bearish breakout. The pattern's borders are shown with the yellow lines. My potential entry level is shown with the cyan line. My potential target level is the green line. Stop-loss will be set to the high of the breakout bar (not shown on the chart).

More information, tools, a chart template, and a free EA to trade this pattern in automatic mode on
www.earnforex.com/bl...ecipe-for-downtrend/
Trade active:
Entered at 185.710 with SL = 186.993 and TP = 182.510.
Trade closed: target reached:
Take-profit (183.955) triggered today at 13:11 UTC.
You can find useful tools to detect, build, and trade chart patterns - all completely free on www.earnforex.com.

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AndriyMoraru
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